Real Estate Investing in Tenafly, New Jersey (07670)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07670 (Tenafly, NJ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Tenafly, NJ (07670)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07670 Tenafly
The 07670 ZIP in Tenafly, NJ is a local-operator market. Outside capital chasing a $1.3M entry has to pair deep knowledge with the discount.
For an experienced owner, 07670 can be a a viable market for hunting ground — but the discount at $1.3M reflects genuine risk that outside investors often underestimate.
ZIP 07670's metrics run below Bergen County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 07670 includes headwinds that any investor should price in. Income distribution skews lower than Tenafly averages, and tenant stability requires active management.
The 07670 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Tenafly:
Property Strategy for 07670
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $615,737 | $3,490 | 4.1% | +4.6% | $307,868 |
| 3BR | $946,121 | $4,260 | 3.2% | +7.3% | $315,374 |
| 4BR | $1,300,236 | $5,430 | 3.0% | +9.0% | $325,059 |
| 5BR | $2,133,352 | — | — | +10.3% | $426,670 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07670 Compare?
| Metric | 07670 | Tenafly | New Jersey |
|---|---|---|---|
| Home Value | $1,335,447 | $1,335,447 | $559,826 |
| 5-Year CAGR | 7.7% | 7.7% | 8.4% |
| Avg Rent | $5,025 | $5,025 | - |
| Cap Rate | 2.9% | 2.9% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07670 (Tenafly, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Bergen County
Manage rentals here? List your business →First National Realty Management, LLC offers tenant services including registration, maintenance requests, and notary services. summary from their website
MEM Property Management Corporation offers property management, construction, collection, and insurance services, helping clients enjoy their homes. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,335,447 |
| Monthly Rent | $5,025 |
| Price-to-Rent | 22.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +11.4% ▲ |
| 3-Year CAGR | +8.0% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | -11.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 07670
Population: 15,252
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 07670
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Cresskill High School
Demarest Middle School
Donald A. Quarles Early Childhood Center
Dr. John Grieco Elementary School
Dr. Leroy McCloud Elementary School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How tight is the rental market in Tenafly, NJ?
Vacancy risk in Tenafly, NJ is elevated. That supports consistent cash flow for typical rental holds.
Is NJ a landlord-friendly state?
The landlord environment in Tenafly, NJ is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
What is the average monthly rent in Tenafly, NJ?
Expect rents around $5,025/mo per month in Tenafly, NJ. With home values at $1.3M, the yield math works out to reasonable levels for rental investors.
Is the tenant base reliable in Tenafly, NJ?
The renter base in Tenafly, NJ is reasonable for the $5,025/mo price point. Screening well and pricing to market typically yields steady tenants.
What kind of market is Tenafly, NJ for investors?
Our data puts Tenafly, NJ at 3.0/5 for investability. Home prices of $1.3M and rents around $5,025/mo create a solid backdrop for investor activity.
You know 07670 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07670 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 07670 ranks in New York-Newark-Jersey City, NY-NJ-PA
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